Business Standard

Lalit Modi's asset sale claim: A battle brewing in late K K Modi's backyard

The business close to Samir's heart is 24Seven, which is part of GPI, and, according to Lalit, it too will be on the block

K K Modi
Premium

Surajeet Das Gupta New Delhi
While starting out on his new venture some years ago, Samir Modi made a call to 7-Eleven for a tie-up to set up the country’s first chain of convenience stores. But the US company, the largest globally in this business, was not willing to give him an exclusive franchisee for the country. Said Samir, the youngest son of K K Modi, in an interview a few months ago: “I am a builder of a new business, not a seller. We don’t build businesses to sell. So we decided to go on our own.” 

But the same view is not echoed clearly

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 29 2020 | 12:55 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com